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Stock impact report

Calavo Growers, Inc. Announces $25 Million Stock Repurchase Program

Calavo Growers, Inc. (CVGW) 
Last calavo growers, inc. earnings: 3/10 09:00 am Check Earnings Report
US:NASDAQ Investor Relations: ir.calavo.com/home/default.aspx
Company Research Source: GlobeNewswire
SANTA PAULA, Calif., March 18, 2025 (GLOBE NEWSWIRE) -- Calavo Growers, Inc. (Nasdaq-GS: CVGW), a global leader in the avocado industry and provider of value-added fresh food (the “Company” or “Calavo”), today announced that its Board of Directors has authorized a share repurchase program of up to $25 million of the Company's outstanding common stock. “This repurchase program underscores our confidence in our long-term strategy, financial position, and ability to drive shareholder value,” said Lee Cole, President and CEO of Calavo. “Together with our strong balance sheet, expected cash flow generation, and robust liquidity position, this repurchase program demonstrates our commitment to our shareholders while maintaining our flexibility to invest in strategic growth initiatives and operational improvements.” The Company is authorized to repurchase up to $25 million of its common stock. Repurchases may be conducted through open-market transactions at prevailing market price Show less Read more
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